Account ownership at a financial institution or with a in Malaysia
Malaysia: Account ownership at a financial institution or with a was 89.1% in 2024. ▲ Rising
Account ownership at a financial institution or with a in Malaysia, 2011–2024
Source: Global Findex Database, World Bank (WB). Measured in % of population ages 15+.
Analysis
The most recent figure for account ownership at a financial institution or with a in Malaysia is 89.1%, measured in 2024.
Compared with earlier readings it is down 0.1% on the previous year and up 7.4% over ten years.
Over the whole period, account ownership at a financial institution or with a in Malaysia peaked at 89.2% in 2021 and was at its lowest, 69.2%, in 2011.
Malaysia ranks 44th of 106 countries on this measure, in the middle of the range.
Account ownership at a financial institution or with a in Malaysia, year by year
| Year | % of population ages 15+ | Change |
|---|---|---|
| 2011 | 69.2% | — |
| 2014 | 83.0% | +19.9% |
| 2017 | 87.9% | +5.9% |
| 2021 | 89.2% | +1.5% |
| 2024 | 89.1% | -0.1% |
Malaysia compared with similar countries
- Malaysia's 89.1% is above the median for upper middle income countries, which is 72.4%, 1.2× the median. (37 countries reporting)
- Malaysia's 89.1% is below the median for East Asia & Pacific, which is 96.6%, 92% of the median. (13 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 80.0% | 69.2% | 87.9% | 3 |
| 2020s | 89.2% | 89.1% | 89.2% | 2 |
Countries ranked near Malaysia
More financial sector data for Malaysia
- Reserve position in the IMF, US dollar, annual growth rate 5.91 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0027 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 35.78 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0.8573 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.002 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 26.13 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.91 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0027 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 35.78 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0.8573 % change on previous year (2025)
Frequently asked questions
- What is account ownership at a financial institution or with a in Malaysia?
- Account ownership at a financial institution or with a in Malaysia was 89.1% in 2024, according to Global Findex Database, World Bank (WB).
- What is the highest account ownership at a financial institution or with a recorded in Malaysia?
- The highest recorded value was 89.2% in 2021.
- What is the lowest account ownership at a financial institution or with a recorded in Malaysia?
- The lowest recorded value was 69.2% in 2011.
- How does Malaysia rank for account ownership at a financial institution or with a?
- Malaysia ranks 44th out of 106 countries with data for 2024.
- Is account ownership at a financial institution or with a rising or falling in Malaysia?
- Over the last ten years it is up 7.4%. The long-run trend across the full record is rising.
- Where does this Malaysia data come from?
- The figures come from Global Findex Database, World Bank (WB), published as part of Account ownership at a financial institution or with a mobile-money-service provider, male (% of population ages 15+). Statizoid updates them automatically from the source API.
Download this data
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About this data
Account denotes the percentage of respondents who report having an account (by themselves or together with someone else) at a bank or another type of financial institution or report personally using a mobile money service in the past 12 months (male, % age 15+).